Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Washington, DC, June 17, 2020— Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,186,000, according to the U.S. Census Bureau, 17.3% above the revised May estimate of 1,011,000 but is 4.0% below the June 2019 rate of 1,235,000.
Ann Arbor, MI, July 17, 2020—Consumer sentiment fell 6.3% to 73.2 in early July, according to preliminary results from the University of Michigan Survey of Consumers.
Chattanooga, TN July 17, 2020—Shaw Industries and Emser Tile have been named to Selling Power magazine’s 50 Best Companies to Sell For list for 2020.
Plattsburgh, NY, July 17, 2020--In response to the ongoing demand for distance learning, Schluter Systems has expanded the series of live, online training programs they launched in the spring.
Chicago, IL, July 17, 2020—Wayne Topel, 61, regional vice president for Shaw, died July 14.
Norwalk, CT, July 17, 2020—Alan Rowell, currently director of sales for Aspecta commercial flooring, has been promoted to VP Aspecta North America.
Washington, DC, July 16, 2020—Advance estimates of U.S. retail and food services sales for June 2020 were $524.3 billion, an increase of 7.5% from the previous month, and 1.1% above June 2019, according to the U.S. Census Bureau.
Washington, DC, July 16, 2020-In a strong signal that the housing market is ready to lead a post-COVID economic recovery, builder confidence in the market for newly-built single-family homes jumped 14 points to 72 in July, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
New York, NY, July 16, 2020—"In a year of financial firsts, this one stands out: Mortgage rates have fallen below the 3% mark,” reports the Wall Street Journal.
Cambridge, MA, July 16, 2020—Expenditures for improvements and repairs to owner-occupied homes are expected to slow by the middle of next year as the COVID-19 pandemic continues to unfold, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.